Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.007%

Price spread now: Aster against Deribit+0.030%7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$490.489% of the position

Long on Deribit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.251%+$25 on $10k

Price spread, last 3 days (all we have)−0.088%−$9 · spread now +0.030%, 7d avg −0.029%

Together, before fees+0.163%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.059% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit PUMP_USDC-PERPETUAL	0.004506	0	get 0.0000% / 1h	26m 30s	$72K	$124K	25x
Short	Aster PUMPUSDT	0.004507	0.0100	get 0.0050% / 4h	2h 26m	$729K	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee AsterbpOrdersPrice spread, now +0.030%Rate

Funding earned: $21
Price spread: +0.030% → −0.029%: $5.9
Slippage, 4 orders: −$33.91
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: −$22.02
Costs to cover: 0.489%
Break-even: 14.3 days

Slippage from Deribit: live order book, 42 min ago; Aster: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit live order book, 42 min ago	8.93 bp	12.4 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	1.11 bp	9.7 bp −$10	20.2 bp −$202	doesn't fit	doesn't fit

PUMP on 41 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX PUMP-USD	−0.2470%	1h	0.004503	−0.064%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004506	0.000%	$18K	$207K	20x	as long as short
Deribit PUMP_USDC-PERPETUALlong	0.0000%	1h	0.004506	long leg	$72K	$124K	25x
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004505	−0.015%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0070%	4h	0.004505	−0.022%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004508	+0.044%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.133%	$30K	$771K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004515	+0.211%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDTshort	+0.0100%	4h	0.004507	+0.030%	$729K	$2.4M	50x
Pacifica PUMP	+0.0100%	1h	0.004509	+0.067%	$495K	$662K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004508	+0.045%	$81.4M	$165.9M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004511	+0.111%	$24.4M	$98.9M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004495	−0.246%	$21K	$171K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004508	+0.044%	$40K	$63K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004504	−0.044%	$4.8M	$10.9M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004511	+0.111%	$24.0M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004508	+0.044%	$17.8M	$19.6M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004509	+0.067%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004508	+0.033%	$798K	$187K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004480	−0.588%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004487	−0.421%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004481	−0.555%	$139K	$754K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004516	+0.222%	$104K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004505	−0.026%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004508	+0.044%	$2K	$737K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004505	−0.022%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004499	−0.155%	$22K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004505	−0.022%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004510	+0.079%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004507	+0.029%	$3.8M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004502	−0.089%	$72K	$8K	3x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004489	−0.386%	$42K	$103K	10x	as long as short
01 Exchange PUMPUSD	+0.0264%	1h	0.004513	+0.155%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004510	+0.081%	$532K	$1.0M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004508	+0.039%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0360% / S −0.0291%	1h	0.004504	−0.044%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004512	+0.133%	$717K	$5.8M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004492	−0.311%	$39K	$203K	12x	as long as short
Hyperliquid PUMP	+0.0641%	1h	0.004515	+0.200%	$168.7M	$54.8M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0745%	1h	0.004479	−0.601%	$593	$110K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1234%	1h	0.004511	+0.111%	$1.3M	$3.1M	50x	as long as short